DUBLIN Feb. 28, 2012 - AIB Merchant Services (AIBMS) (www.aibms.com), a merchant acquiring joint venture between First Data Corporation and Allied Irish Banks p.l.c. has announced that it won an award at the prestigious Merchant Payments Ecosystem Awards held last Thursday. The award for AIBMS Authinsight was achieved in the Information Award category

Authinsight is an electronic data analysis and reporting solution developed by AIB Merchant Services for high volume customers operating in particular ecommerce sectors.  This service provides key additional insight into the reasons why there are high levels of declines on card transactions.  It enables these customers to reduce their decline rates, thereby increasing sales revenues. The service comprises a monthly set of reports and includes a module through which customers are fed additional real-time granular data in relation to declined transactions.

The Merchant Payments Ecosystem Awards (MPE Awards) are the successor to the prestigious European Card Acquiring Forum (ECAF) Awards. The awards recognise the best performers and innovators in the payment acceptance arena, companies that have significantly contributed to the development of in-store, online and mobile payment acceptance in Europe and worldwide. The judging panel included leading experts in the payments field from Spain, Germany and the UK.

“Winning this award demonstrates that Irish companies and employees can compete on the European stage and win.  It’s a great achievement for AIBMS and we are delighted to have won,” Nigel Motyer, General Manager of AIBMS said.

About AIB Merchant Services

AIB Merchant Services is one of Ireland’s largest providers of card acceptance services with extensive operations in the Republic of Ireland and Northern Ireland, Great Britain and throughout Continental Europe. AIBMS is a joint venture between Allied Irish Banks, p.l.c., and First Data Corporation, a global leader in electronic commerce and payment services.

About First Data

Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction.

If you would like more information please contact:

Louise Durning
Marketing Manager
AIB Merchant Services
Tel:     + 353 1 2182149
Mob:   + 353 87 2796941
Email: louise.durning @aibms.com